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Feb12
BT bags a contract of £578 million from Credit Suisse

When the news was first leaked, that British Telecom (BT) will undertake international financial service group Credit Suisse’s overburdened and weakening telecom infrastructure no one gave a hear to that. May be because of the reason that, over the years Credit Suisse had inclined a lot towards bureaucracy. The news is confirmed now. BT has bagged a five year long £578 million telecom outsourcing contract with Credit Suisse. Credit Suisse will hopefully spruce up its outdated telecom performance with the help of BT. The deal involves a transfer of 231 of the bank’s employee and 50 contractors to BT. Will they be on BT’s pay roll or Credit Suisse’s? We have no info on that.  

British-Telecom-Credit-Suisse 

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